Invest in Israel Newsletter March 2011 Edition
VC Cafe
APRIL 7, 2011
Facebook is acquiring Snaptu, an Israeli startup that makes Java-based feature phone apps, for an estimated $70 million. Snaptu is a startup run by a highly innovative collection of engineers and entrepreneurs who we already work closely with, Facebook said in a statement. FACEBOOK BUYS ISRAELI FEATURE PHONE MAKER SNAPTU.
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